UnknownUnicorn4950529

UnknownUnicorn4950529

Bitcoin price formed a base above the $19,000 level and started a decent increase. The price traded above the $20,000 resistance zone to move into a positive zone. There was a clear move above the 23.6% Fib retracement level of the downward move from the $22,500 swing high to $18,916 low. At first, the price saw a rejection near the $20,500 level. However, the...

UnknownUnicorn4950529

Bitcoin price started a fresh decline below the $21,000 support zone. The bears gained strength and pushed the price below the $20,000 support zone. The decline even extended below the $19,600 support zone. A low is formed near $19,256 and the price is now consolidating near a major support at $19,300. It is also trading below the $19,600 level and the 100 hourly...

UnknownUnicorn4950529

Bitcoin Price Rallies Around $22K, Why Dips Turn Attractive Bitcoin price formed a base above the $20,000 level. BTC started a strong increase by clearing the $20,500 and $20,800 resistance levels. There was a sharp increase and the price climbed above the $21,500 level. It even broke the $22,000 hurdle and settled above the 100 hourly simple moving average. A...

UnknownUnicorn4950529

Bitcoin price remained supported above the $19,500 zone. BTC started another increase and climbed above the $20,000 resistance zone. There was a spike above the $20,500 resistance zone but the bulls failed to gain strength. A high was formed near $20,732 and the price corrected gains. There was a drop below the $20,200 and $20,000 support levels. Bitcoin traded...

UnknownUnicorn4950529

Bitcoin price started another decline below the $20,000 support zone. The price even traded below the $19,200 support zone and spiked below the $18,800 level. There was a test of the $18,600 zone and the price traded as low as $18,617. Recently, there was a sharp upward move and the price climbed above the $19,500 resistance. There was a move above the 50% Fib...

UnknownUnicorn4950529

Bitcoin price remained in a bearish zone below the $21,000 pivot level. The bulls struggled to push the price higher and there was a bearish reaction below the $20,800 level. The price traded below the 61.8% Fib retracement level of the key recovery from the $19,750 swing low to $21,780 high. The decline was such that the bears even pushed the price below the...

UnknownUnicorn4950529

Bitcoin price failed to gain pace above $21,700 and corrected gains. There was a downside correction below the $21,000 support zone. The price declined below the 23.6% Fib retracement level of the upward move from the $17,600 swing low to $21,700 swing high. The bears even pushed the price below the $20,500 support zone and the 100 hourly simple moving...

UnknownUnicorn4950529

Bitcoin price started an upside correction above the $20,000 resistance zone. There was a decent recovery wave above the $20,200 and $20,500 levels. The price climbed the 61.8% Fib retracement level of the key downside from the $22,950 high to $17,600 low. Finally, there was a move above the $21,000 resistance zone and the price settled above the 100 hourly simple...

UnknownUnicorn4950529

The price of bitcoin had dropped dangerously close to the 2017 cycle peak on Wednesday. It was a brutal decline for investors who watched their BTC portfolios incur losses after losses. Speculations were rampant in the space on what a touch below $20,000 would have meant for the market. The implications were abundant in their impact but the recovery back above...

UnknownUnicorn4950529

Bitcoin price remained in a bearish zone below the $25,000 support zone. The price spiked below the $21,000 level and settled well below the $23,000 level. A low was formed near $20,824 and the price is now attempting an upside correction. There was a move above the $22,000 resistance level. However, the price is still well below the $24,000 level and the 100...

UnknownUnicorn4950529

Bitcoin price extended increase above the $31,400 resistance zone. However, BTC struggled to even test the $32,000 resistance zone. A high was formed near $31,725 and the price started a fresh decline. There was a strong move below the $31,000 and $30,500 support levels. Besides, there was a break below a key bullish trend line with support near $30,500 on the...

UnknownUnicorn4950529

Bitcoin remained in a positive zone above $31,200. BTC could correct lower, but the bulls might remain active near $30,800. Bitcoin price extended increase above the $31,000 zone. It even broke the $32,000 resistance on a couple of occasions, but the bears protected more gains above $32,200. The recent swing high was formed near $32,400 before the price started...

UnknownUnicorn4950529

Bitcoin price remained below the key $30,000 resistance zone. BTC started a fresh decline and there was a sharp move below the $28,500 support zone. The bears pushed the price below the $28,000 level. The price even tested the $27,500 support and a low is formed near $27,505. However, there was a strong recovery and the price climbed above $28,500. The bulls...

UnknownUnicorn4950529

Bitcoin failed again to clear the $30,600 resistance zone. BTC is declining, but the bulls might remain active near $28,500. Bitcoin price attempted a fresh increase from the $28,500 support zone. There was a clear move above $30,000 resistance zone and the 100 hourly simple moving average. However, the bears were again active near the $30,600 resistance zone. A...

UnknownUnicorn4950529

Bitcoin extended decline and traded below $29,000. BTC must stay above the $28,500 level to avoid a sharp decline in the near term. Bitcoin price failed to clear the $30,500 resistance zone and started a fresh increase. There was a clear move below the $29,500 and $29,000 support levels. Besides, there was a break below a connecting bullish trend line with...

UnknownUnicorn4950529

Bitcoin corrected lower and tested the $29,000 support. BTC must settle above the $30,800 resistance to start a decent increase. Bitcoin price started a downside correction from the $31,500 zone. BTC traded below the $30,000 support zone and the 100 hourly simple moving average. There was a move below the $29,500 level, but the bulls were active near the $29,000...

UnknownUnicorn4950529

Bitcoin failed to recover above $32,000. BTC is gaining bearish momentum and trading below the key $30,000 support zone. Bitcoin price attempted a recovery wave above the $32,000 level. However, BTC struggled to continue higher and started a fresh decline below $31,000. There was a clear move below the key $30,000 support zone and the price settled below the 100...

UnknownUnicorn4950529

Bitcoin extended losses and even spiked below $30,000. BTC is now consolidating and might correct higher towards the $32,000 resistance. Bitcoin price remained in a major downtrend and extended downsides below the $35,000 level. BTC traded below the key $33,500 and $32,000 support levels to move further into a bearish zone. There was a close below $32,000 and the...